A once-ubiquitous fixture of American shopping centers is entering a dramatic new chapter. Foot Locker, the sneaker retailer ...
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Foot Locker closing stores
In the quarter, Foot Locker closed 47 stores and opened 7 new ones; at that point, total global store count stood at roughly ...
Nike CEO John Donahoe touted the company's direct-to-consumer efforts ahead of its earnings call.Nadine Rupp/Stringer/Getty Images Nike on Tuesday reported quarterly sales and earnings above Wall ...
On a call with analysts in the wake of its fourth-quarter and full-year results, Foot Locker said it expects sales to fall by 4% to 6% this year, and same-store sales are projected to decline by 8% to ...
Nike is scrambling to pare down an overabundant trove of merchandise, with inventories up 44% companywide and a whopping 65% in North America, its largest market, at the end of its most recent quarter ...
The pandemic — which many have seen as a death knell for brick-and-mortar shopping — may be pushing more brands to open their own stores, rather than selling through other retailers. Having a physical ...
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